Global Infrastructure Hub – InfraCompass Launch
May 16, 2017
InfraCompass is a new online tool to guide governments and investors across the globe on creating the best conditions for infrastructure delivery.
Identifying the risks around an infrastructure project, particularly when operating in unfamiliar jurisdictions, can discourage new investment. In a world where there is too much capital chasing the same risk reward profile, investors and lenders are venturing into new territories in search of opportunities. The Global Infrastructure Hub’s new tool, InfraCompass, offers clear data on infrastructure markets across 49 countries, providing investors and lenders with key insights in risk.
InfraCompass is the first systematic audit of infrastructure data to pinpoint which policies unlock investment, produce quality projects, and deliver useful infrastructure. It brings a new level of transparency and consistency to infrastructure data.
The tool reviews country performance in the six most important elements driving successful infrastructure delivery:
• Institutions and governance
• Regulatory and competition frameworks
• Permits, licences and land acquisitions
• Planning and selection
• Delivery and operations.
Key features of InfraCompass:
• Compares 49 countries
• Analyses country-specific data
• Pinpoints the practices that lead to strong infra markets
• Identifies priority reforms
• Easy to navigate platform
• Brings together key data in one location.
Key findings include:
• The rule of law is the strongest driver of investment across economies.
• Developed nations with strong track records of delivery and trusted institutions remain the leaders in the delivery and operation of infrastructure assets.
• But emerging economies are catching up in terms of the quality of their infrastructure, with the list of top improvers over the past decade dominated by emerging countries.
“We in the World Bank Group are delighted to see the release of InfraCompass. We see it as a key resource for both policy makers and infrastructure investors.”
– Laurence Carter, Senior Director, World Bank Group.